TRANSACT TECHNOLOGIES INC·4/A

Mar 13, 4:01 PM ET

Dunning Audrey 4/A

Research Summary

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TransAct Technologies (TACT) Director Audrey Dunning Receives Award

What Happened
Audrey Dunning, a director of TransAct Technologies, was granted 15,759 restricted stock units (RSUs) on February 24, 2026. The grant is reported as a derivative acquisition at $0.00 per share (code A). These RSUs convert to common stock on a one-for-one basis upon vesting; there is no immediate cash purchase or sale.

Key Details

  • Transaction date and type: February 24, 2026 — Grant of 15,759 RSUs (derivative acquisition) at $0.00.
  • Filing: This is an AMENDED Form 4. The original Form 4 (filed Feb 26, 2026) incorrectly reported 14,700 RSUs; this amendment corrects the grant to 15,759.
  • Vesting: RSUs issued under the company's 2014 Equity Incentive Plan; cliff vest on the first anniversary of the grant and convert 1-for-1 to common stock.
  • Shares owned after transaction: Not specified in the provided filing.
  • Timeliness: Original Form 4 was filed Feb 26, 2026 (two business days after the grant); this amendment (filed Mar 13, 2026) corrects the reported quantity.

Context
RSUs are a form of equity compensation that convert to company stock only after vesting (here, cliff vesting at one year). Grants to directors are common as compensation and do not represent an open-market purchase (which some investors view as a stronger bullish signal). This amendment only corrects the number of units granted and does not indicate an additional economic transaction.